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One feature of the Temporary Assistance for Needy Families (TANF) program is that it _____
Reserve Requirements
Reserve requirements are regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits.
Vault Cash
Physical money that is held in banks' vaults, often used to meet day-to-day withdrawal demands and regulatory reserve requirements.
Banking Act
Legislation that regulates the operation of banks, establishes banking practices, and ensures the stability and integrity of the banking system.
Reserve Requirements
Central bank regulations that set the minimum fraction of customer deposits and notes that each commercial bank must hold as reserves rather than lend or invest.
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